It's no big deal, I don't think. When a Whale powers-down and takes some profits it seems like a huge deal to someone without nearly so much skin in the game. But, so what? He powers-down, takes some profits for a while, then will probably start to power back up. This seems to make STEEM pretty volatile based on what a very small group of Whaleshare-holders do. As long as the basic value of the SBD stays around $1-2, it not that scary. But, if the value goes up to $5 or $7, and somebody buys in at that price - then sees it go down to $0.73 - that could be scary.
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